XTB
Warsaw-listed broker with commission-free stocks and ETFs up to EUR 100,000 monthly turnover and free deposits
Quick Overview
| Company | XTB S.A. |
|---|---|
| Category | Stock Trading Apps and Online Brokers |
| Headquarters | Warsaw, Poland |
| Founded | Not stated |
| EU Presence | Yes - Poland (EU) |
| Data Location | Not stated on the pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Stocks and ETFs, forex, free deposits and withdrawals, 18-language support, ISA in the UK |
| Pricing | 0% commission on stocks and ETFs up to EUR 100,000 monthly turnover, then 0.2% (min EUR 10); 0.5% currency conversion |
| Best For | Active investors in the EU who trade stocks, ETFs and forex from one platform |
| Replaces | Robinhood, Webull |
Detailed Review
XTB reports more than 2.9 million investors, 20+ years of experience and 12 markets. It has been listed on the Warsaw Stock Exchange since 2016 and received its KNF brokerage licence in 2005.
The group page names XTB S.A. (regulated by the KNF in Poland), XTB Limited (FCA, UK, FRN 522157) and XTB Sucursal (CNMV, Spain).
Commission Structure
The fees page advertises 0% commission on stocks and ETFs up to EUR 100,000 of monthly turnover. Above that the commission is 0.2% with a EUR 10 minimum.
A currency conversion cost of 0.5% may apply, and deposits and withdrawals are free.
Support
The customer team speaks 18 languages and is available by email, chat or phone on weekdays.
Beyond Investing
XTB also offers forex trading, which carries a high risk of loss. The UK homepage mentions a Flexible Cash ISA with a headline 6% AER.
Limitations to Consider
XTB combines investing with forex trading, which carries a high risk of losing money, and the same app mixes the two. The 0% commission only applies up to a monthly turnover limit. The 0.5% currency conversion cost is higher than at Lightyear. Contracting entity varies by country.
Who Should Use XTB
EU investors who want commission-free stock and ETF purchases from a broker regulated in Poland.
Pros and Cons
Pros
- 0% commission up to EUR 100,000 per month
- Free deposits and withdrawals
- Listed company, KNF regulated since 2005
- Support in 18 languages
- Large user base
Cons
- 0.5% currency conversion cost
- Commission applies above the turnover limit
- Forex products carry high risk
- Different entities per country
Alternatives to XTB
Other European stock trading apps and online brokers worth comparing before you decide:
Lightyear
Estonia · Investing platform with zero ETF execution fees
Scalable Capital
Germany · Broker and bank with savings plans from EUR 1
Freetrade
United Kingdom · Commission-free UK investing app with ISA and SIPP
Nordnet
Sweden · Nordic bank and broker with four courtage classes
See all European stock trading apps and online brokers or compare them directly against Robinhood on our alternatives page.
Frequently Asked Questions
Yes. XTB S.A. is regulated by the Polish KNF and listed on the Warsaw Stock Exchange since 2016. The group also has an FCA-regulated UK entity and a Spanish branch.
The fees page shows 0% commission on stocks and ETFs up to EUR 100,000 of monthly turnover, then 0.2% with a EUR 10 minimum, and 0.5% for currency conversion.
Yes, the fees page lists free deposits and withdrawals.